Round-Up: New BMW 330e sales goal, Ionity hits Milton Keynes, ‘Rocky’ Q2 for used cars

New BMW 3-Series PHEV ‘to outsell 320d’

The new plug-in hybrid BMW 330e will overtake the 320d as the biggest seller in the 3-Series range, possibly as soon as next year, according to the model’s UK product manager James Thompson. 

The new PHEV arrives in the UK this summer with an official range of 41 miles for cars registered before April 2020, putting it in the 8% company car tax band for the 2020/21 tax year, one of only two PHEVs with a figure of over 40 miles. The other is the Kia Niro PHEV. The 320d auto sits in the 30% band. 

The 330e costs from £37,820 in SE trim, rising through Sport to £39,925 for the top-spec M Sport.

 

Ionity adds MK chargepoint

Ionity has opened a new High Power Charging station in Milton Keynes, its second after its Maidstone site opened in May. The joint venture between Daimler, Ford, BMW and VW Group aims to install a network of 2400 chargers across Europe in the next 18 months with Gretna Green set to be the third of 40 UK locations, each with four charge points.

“We are excited to continue the expansion of the UK network, alongside our partners. Milton Keynes is a key location, both geographically and as an automotive and technology hub – it was an ideal site for our second UK station,” said Marcus Groll, COO, IONITY.

 

Better prospects after ‘rocky’ Q2 for defleeted cars

Early evidence shows increased conversion rates in Q3 compared to a “rocky second quarter of 2019, according to auction firm Aston Barclay. It found three consecutive monthly falls in used values, with ex-fleet cars dropping by £288 to an average of £9233 despite mileage dropping by 2776 to an average 51,245. The firm blamed Brexit apathy, a rise in part-exchange volumes from the March number plate change and more fleet stock making its way into the market as reasons for the drop.

“Q2 was the first quarter for some time where the used car market was quite unsettled,” said Martin Potter, Aston Barclay group managing director.